Quant Model Validator - Actuarial

As a Model Validator at Ameriprise India LLP, you will be responsible for executing model validation activities for low-, moderate-, or high-risk models. Your duties will include conducting annual reviews, validation testing, ongoing monitoring, findings management, and model use approvals. Additionally, you may coordinate with a team of quantitative model validators to evaluate the conceptual soundness of actuarial and other models and ensure their suitability for use. Expertise in Insurance and Actuarial Modeling, or Statistical and Stochastic processes is essential for this role. Your key responsibilities will involve conducting annual reviews of models, preparing validation scripts and reports, consulting with model owners and developers to promote best practices, and establishing the scope and testing of model validations. You will also be required to support model governance policies, procedures, templates, and risk reporting, while providing technical support to the business when needed. To qualify for this position, you should have a minimum of 7 years of experience in model risk management within insurance or banking sectors, along with a master's degree in science, math, statistics, or a related field. Preferred qualifications include an Actuarial designation or substantial progress towards one, such as Associate of the Society of Actuaries, USA or Fellow of the Society of Actuaries, USA. Familiarity with SR 11-7/OCC 2011-12 and a PhD are also advantageous. Join Ameriprise India LLP, a U.S.-based financial planning company with a global presence, dedicated to providing client-centered financial solutions for over 125 years. Our core focus areas include Asset Management, Retirement Planning, and Insurance Protection. We offer an inclusive and collaborative work culture that values your contributions and provides opportunities for professional growth and community involvement. This is a full-time position with working hours from 2:00 pm to 10:30 pm. If you are a talented and driven individual seeking to work for an ethical company that values its employees, consider building your career with Ameriprise India LLP in the Finance department.,